yseric

R.I.P..

RIP....

While we're on the topic of stock screening, any good screening tools you guys can suggest? I used to use Yahoo Screener, but I think it's not longer being updated... Any help would be greatly appreciated! :)

I drink coffee and I like Starbucks..I also dont mind going to Peets Coffee... For me, they are both about the same.. I was skimming through a book written by Schultz the other day.. He talked about the stock price quite often... I got the impression that his action might be somehow influenced by what the Street thinks.. But I could be wrong...

Thanks a lot! Really enjoyed the interview

My brother made a bid for a property in Fremont, there were 40+ competing bids.... :-[ :-[ What cities are you looking at? :)

Well,, even if you buy the house with mortgage and you lose your job, you can still rent it out. :)

Yes, the South Bay/Silicon Valley house prices are definitely above previous high... Many parts of the Bay Area are near previous high or not that far from previous high...

Thanks @stahleyp, I called American Family but they don't insure properties in California. Thanks @rjstc, I will give Allied a call....

Thanks oddballstocks. Dont think Erie offers Home insurance coverage for California....:(

Thanks Packer. Unfortunately, we don't have any relatives who are in the military.. :-\

Hello guys, I have my auto insurance with Geico and I'm very happy with them. Now I'm looking to buy home insurance, but Geico does not offer home insurance. Does any of you know any good home insurance companies that you can recommend? I live in California...:) Thanks much

Thanks for sharing guys!!!

Same as here in the Bay Area. The city we're looking at now, final price is usually 30% above asking price....

@BargainValueHunter, great, great, great question! I've been thinking the same thing, when Buffett and Ackman said it's hard to scale, what do they really mean? @ERICOPOLY, I've talked to a few individual home investors, they all said property management companies don't do much. They ended up doing most of the work themselves. Now this does not mean all property management companies are like that. Also, I'm curious, when you go buy the house in Las Vegas, do you actually go check out the house? Buying 100 houses in a few months seem like labor intensive, but I could be wrong.. :)

That's a great question. How do you manage the 100 homes. I assume you would need to hire people to do that? I‘m thinking of some real estate investments as well. Any info would be appreciated.. :)

I love reading with my Kindle Reader, but when converting annual report (PDFs or HTML) to e-ink, the financial data tables will be messed up. I am just curious, what is a good device to read both PDF and HTML annual reports without messing up the tables? Thanks guys!! ;D

love these quotes.... wish we could compile a comprehensive list of them... :P

http://space.tv.cctv.com/video/VIDE1285831556890886 The interview is done in English, but the first few seconds of the program is in Mandarin Chinese... hope you guys enjoy it.. Cheers

yea, i mean, both can be right and their opinions of the economy may not necessarily contradicting with each other....... i am looking for the video online as well,, i will post to this board if i find it.... cheers...

seems to me Charlie is a bit more pessimistic than Warren....... hummmm.....

this is awesome...!!! i am watching the video now ;D

In the online retail business, I'm seeing winners in successful e-commerce giants like Amazon/eBay and traditional retail giants having online presence (Walmart.com, etc). If I remember correctly, Amazon and Walmart.com have leading e-commerce market share in the U.S. It's also interesting to notice traditional retailers have been catching up faster in the last couple of years when it comes to online business, with the help of search engine and other tools. Can Walmart eventually out-comptete Amazon in this space remains to be seen due to economy of scale and selection. But I think they can both do well. Another set of winners are the vertical sites like Zappos (focus on shoes), Newegg.com (focus on IT products). These sites try to focus on certain verticals and they seem to be doing OK as well. In the case of overstock.com, I still struggle to see how they can effectively compete in the long run. I absolutely agree that they don't need to make a dent to Amazon in order to do well for themselves, but do they need to have some sort of a niche in order to consistently earn FCF? However, I've never shopped at overstock.com, and my online product search engines experiences don't usually lead me to overstock.com either. Maybe it's that I'm not familiar with the business enough....So please bear with me if I've made dumb comments... :P Nevertheless, Overstock.com seems more like a Lilu pick rather than a Buffett pick? ;D

just curious...what is overstock's positioning in the online retail place, and can they compete effectively with Amazon and other vertical sites? cheers...

should we be concerned about Munger's health after hearing from this?